Neither Macron’s La Republique en Marche (LREM) nor Le Pen’s National Rally (RN) managed to win any of the country’s 13 regions. The main winner was the centre-right Republican Party (LR), to the extent that it hopes to overhaul Macron in the first round of next year’s presidential election.
- If internal party pressure forces Le Pen to adopt a more hard-line stance, she risks alienating centre-right voters.
- Electoral considerations will make Macron wary of imposing future COVID-19-related restrictions.
- While pursuing pension reforms prior to 2022 could improve Macron’s reformist credentials, it risks provoking more social unrest.